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Rosa Argentina

Senora Rosa Argentina is 40 years old and lives in a neighborhood in Managua called Sabana Grande. She is single and does not have any children, but she helps her brother raise his children. Rosa makes and sells grilled snacks for a living. She inherited this trade from her mother, and after 30 years it is her only source of income to live on. She needs to purchase the necessary ingredients to increase her production and sales. Her long term plan is to have salespeople who can sell her products, and to be able to teach others in her family this trade so they can inherit it and continue with the business.

View original language description ↓
La Sra. Rosa Argentina tiene 40 años de edad, habita en un barrio de la capital de Managua que se llama Sabana grande, soltera, no tiene hijos y ayuda a su hermano a criar a sus sobrinos, el negocio de doña Rosa es la elaboración de cosa de horno, pues tiene treinta años de experiencia ya que es una herencia de su madre ya que desde muy joven ayudaba hacer los ricos horneados lo cual ahora ha sido su fuente de trabajo para sobrevivir. Con la solicitud de trabajo es para comprar más insumos para aumentar la producción de ventas de cosa de horno. A largo plazo es tener vendedores que le vendan el producto y poder enseñar a su familia para que también sea una herencia y puedan seguir trabajando en este negocio.

Additional Information

About AFODENIC

This loan is administered by AFODENIC, La Asociación para el Fomento al Desarrollo Nicaragua, a Kiva Field Partner based in Managua, Nicaragua. Founded in 1999, AFODENIC was created to promote the socio-economic and cultural development of sectors that are excluded from commercial banking. Integrating economic and human resources, AFODENIC offers affordable and adaptable financial services aimed at strengthening the family unit of their clients, who include students, producers, and micro- and small entrepreneurs from rural and urban areas. AFODENIC is a socially responsible institution engaged in society and making a positive impact on its professional partners and communities.

Supporting a borrower through AFODENIC contributes to the pursuit of innovation in mitigating poverty in Nicaragua. Visit AFODENIC’s partner page for more information.

About Nicaragua

  • $3,636
    Average annual income
  • 138
    View loans »
    Nicaragua Loans Fundraising
  • $24,035,950
    Funds lent in using Kiva
  • 19.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Rosa Argentina to purchase the ingredients she needs to increase production and sales of the local snacks she makes and sells.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Nov 18, 2008
Listed
Nov 3, 2008
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2009